A manufacturing company in Waterford is to cut 29 jobs.

Honeywell Turbo Technologies said it is beginning talks on a voluntary redundancy programme because of forecasted reductions in demand.

It blamed an increasingly competitive global automotive industry for the demand in reduction.

Honeywell manufactures engine boosting systems for passenger cars and commercial vehicles.

The Waterford facility at the Industrial Estate on the Cork road produces turbine, compressor and SST wheels for turbochargers.